What are the key milestones and performance metrics that will be used to assess the success of the integration?

Key milestones & performance metrics

1. Technical rollout milestones – The integration will be judged by (a) the date the Theta‑powered DePIN services go live on Hivello’s UI (already announced as “successful”); (b) completion of a full‑stack API connection that enables real‑time earnings distribution; and (c) the release of a “beta‑earn” dashboard that shows each user’s passive‑income yield. The timeline for the first three months of operation (e.g., “Phase‑1” – 30‑day post‑launch audit, “Phase‑2” – 90‑day full‑function rollout) will be the primary checkpoints for investors.

2. User‑adoption & earnings metrics – The core success gauges are (i) the number of active Hivello accounts that enable the Theta‑earn feature, (ii) the average passive‑income yield per user (target > 3 % annualized on the first‑year, relative to the 2 % baseline before integration), and (iii) total earnings credited to users (target ≥ $5 M in cumulative payouts within the first 6 months). A rapid climb in the “active‑earning users” metric will be the primary signal for market participants.

3. Financial & token‑level indicators – Blockmate will monitor (i) incremental revenue to Hivello from the Theta‑share‑revenue model (aim for ≥ 15 % lift vs. FY‑24), (ii) the volume of Theta‑network tokens locked or staked on the platform (goal: > $50 M in locked value by Q4‑2025), and (iii) the impact on the parent company’s (MATE) earnings per share and cash‑flow contribution from the partnership. Any deviation from these targets will be reflected in the company’s 10‑Q disclosures and can move the stock.

Trading implications

• Short‑term catalyst – The announcement has already pushed MATE toward a bullish bias (sentiment 70). Expect a modest upside (≈ 4‑6 % over the next 2‑4 weeks) if the “Phase‑1” launch stays on schedule. Watch the price action around the upcoming earnings call; a forward‑looking update on the above metrics will be a key catalyst.

• Technical view – MATE is trading near its 50‑day moving average with a bullish flag formation on the 15‑minute chart. A breakout above the 20‑day EMA (~ $3.12) with volume > 1.5× average would confirm a breakout, while a break below the 200‑day MA (~ $2.85) could signal a retrace to the 50‑day SMA.

• Actionable strategy – Consider a buy‑on‑breakout at the 20‑day EMA, targeting a 6‑8 % upside, with a stop‑loss 3–4 % below entry. Keep a watchlist on other DePIN‑related stocks (e.g., Helium, DIMO) for cross‑sector momentum, but stay focused on MATE’s milestones. Failure to meet user‑adoption or revenue‑share targets could trigger a 5‑7 % downside risk. Monitoring the daily “active‑earning users” and “locked Theta value” from Hivello’s dashboard will give the most immediate read‑outs of integration success.